Newfoundland Halts Fracking
As First Nations continue to fight fracking in New Brunswick, the neighbouring provincial government of Newfoundland and Labrador has halted the controversial drilling technique.
Read the latest insights and analysis from the experts at Oil Change International.
As First Nations continue to fight fracking in New Brunswick, the neighbouring provincial government of Newfoundland and Labrador has halted the controversial drilling technique.
Today Bloomberg News revealed that the American Petroleum Institute (API) has developed a strategy to challenge America’s crude export regulations using international trade law. Deregulating U.S. crude oil exports would make fracking and the tar sands even more profitable than it already is and enable the industry to go into ever more marginal and extreme reserves to produce more of these extreme oils.
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Chinese companies are changing their investment strategies, with implications for the global energy market
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Last week, President Obama lauded the fact that America was poised to become the number one energy producer in the world this year.
As fracking fervour sweeps across Europe, the region’s politicians yesterday narrowly voted to force energy companies to carry out in-depth environmental audits before they frack.